Supply and Demand Indicator

  • ✔️ Supply and Demand Indicator MT4 – Displays supply (red) and demand (blue) zones on the chart.
  • ✔️ Helps identify support and resistance levels for potential trend reversals.
  • ✔️ Works on all time frames and currency pairs.
  • ✔️ Suitable for traders of all skill levels.
  • ✔️ Lightweight and easy to use on MT4.

📌 Supply & Demand Zones – The Supply and Demand Indicator for MT4 identifies key supply and demand areas on the chart, helping traders locate potential price reversal points.

📌 Visual Representation
  🔴 Red Zones – Represent supply zones, acting as potential resistance.
  🔵 Blue Zones – Represent demand zones, acting as potential support.

📌 Support & Resistance Levels – Clearly marks critical price levels to anticipate trend reversals.

📌 All-Time Frame Compatibility – Works effectively on any MT4 time frame.

📌 Multi-Pair Support – Suitable for all currency pairs, enhancing flexibility for various trading strategies.

📌 Beginner & Expert Friendly – Designed for traders of all skill levels.

📌 Lightweight & Easy to Use – Small file size (11.0 KB) ensures smooth MT4 performance.

Input Settings & Controls

📊 General Settings

  • 📌 forced.If – Controls forced calculation or update of supply and demand zones.

  • 📌 use.narrow bands – Determines whether narrow bands are used for zone display.

  • 📌 kill.retouch – Enables or disables removal of minor retouches in zone drawing.

🎨 Visual Settings

  • 📌 TopColor – Sets the color of the supply zones.

  • 📌 BotColor – Sets the color of the demand zones.

  • 📌 Price_Width – Defines the width of the price zone markings on the chart.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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